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A company sells two sizes of microwave ovens: The small size and the large size. The demand functions for the microwave ovens are given by ps =150-0.5x-0.2y and P =250- 0.1x-0.5 y, where Ps and pi are the prices of the two sizes in dollars, x is the units of the small microwave ovens sold each week, and y is the units of the large microwave ovens sold each week.

A company sells two sizes of microwave ovens: The small size and the large size. The demand functions for the microwave ovens are given by ps =150-0.5x-0.2y and P =250- 0.1x-0.5 y, where Ps and pi are the prices of the two sizes in dollars, x is the units of the small microwave ovens sold each week, and y is the units of the large microwave ovens sold each week.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A company sells two sizes of microwave ovens: The small size and the large size. The demand functions for the microwave ovens are given by Ps =150-0.5x-0.2y and Pj =250- 0.1x-0.5 y, where ps and pi are the prices of the two sizes in dollars, x is the units of the small microwave ovens sold each week, and y is the units of the large microwave ovens sold each week. (a) Determine the total revenue function R(x, y) . Answer: (b) Rx(50, 30)= This number means that, when small microwave ovens and large microwave ovens are sold per week, if the sales of the small microwave ovens increase by 1 unit per week, and the sales of the large microwave ovens remain constant at units per week, then the total revenue --Select--- v by approximately $ per week. (c) Ry(50, 30)= This number means that, when small microwave ovens and large microwave ovens are sold per week, if the sales of the large microwave ovens increase by 1 unit per week, and the sales of the small microwave ovens remain constant at units per week, then the total revenue --Select-- v by approximately $ per week.
Transcribed Image Text:A company sells two sizes of microwave ovens: The small size and the large size. The demand functions for the microwave ovens are given by Ps =150-0.5x-0.2y and Pj =250- 0.1x-0.5 y, where ps and pi are the prices of the two sizes in dollars, x is the units of the small microwave ovens sold each week, and y is the units of the large microwave ovens sold each week. (a) Determine the total revenue function R(x, y) . Answer: (b) Rx(50, 30)= This number means that, when small microwave ovens and large microwave ovens are sold per week, if the sales of the small microwave ovens increase by 1 unit per week, and the sales of the large microwave ovens remain constant at units per week, then the total revenue --Select--- v by approximately $ per week. (c) Ry(50, 30)= This number means that, when small microwave ovens and large microwave ovens are sold per week, if the sales of the large microwave ovens increase by 1 unit per week, and the sales of the small microwave ovens remain constant at units per week, then the total revenue --Select-- v by approximately $ per week.
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